Managing a Client’s Investments Flashcards
1
Q
What does managing a clients investments involve?
A
Taking money from the client and putting money into different parts of the financial markets according to risk and the clients individual desires
2
Q
What are the three roles when managing a clients investments
A
Sales/distribution
Product/investment
Support functions
3
Q
Explain sales/distribution
A
Salespeople are responsible for convincing the client to trust the business with their money
4
Q
Explain product/investment
A
They spread the asset out into the financial market for the client with their best interests at the forefront
5
Q
Explain support functions
A
Involves areas such as HR, operations and finance.
